Compliance

Generally, payments are taxable in the taxable year in which they are distributed.

In its third visit to the 2nd Circuit, an Employee Retirement Income Security Act (ERISA) lawsuit was decided in favor of Lehman Brothers.

The president allegedly received kickbacks for investing the Correction Officers’ Benevolent Association’s Annuity Fund assets in a hedge fund.

The committee says all members “strongly concur” the IRS should not eliminate periodic determination letters under the retirement plan determination letter program.

Many New Jersey public sector retirees saw their cost-of-living adjustments (COLA) suspended under a pension-reform bill signed in June 2011.

Participants in a “church plan” say their employer improperly claimed the protected status, violating both ERISA and potentially the U.S. Constitution. 

T. Rowe Price is moving to resolve a simple-but-costly proxy voting error related to the leveraged buyout of Dell Inc. several years ago. 

Federal law would require all private sector employers to offer a retirement savings plan.

A memorandum from the Office of Chief Counsel of the IRS says cash rewards for participating in wellness programs should be included in an employee’s gross income.

The proposed rule would provide guidance about the process for requesting a facilitated merger, including a request for financial assistance.

The DOL disagreed with Foot Locker’s argument that each participant must show he or she detrimentally relied on Foot Locker's misrepresentations in order to obtain equitable relief.

A federal appellate court has determined that retirement plan participants’ equitable relief claims under ERISA are not duplicative of their benefit claims.

The high court ruling regards establishing whether a plaintiff has alleged a ‘concrete’ injury.

Count employer stock purchases within ESOPs among the activities receiving significant scrutiny from participants, regulators and litigators. 

A lawsuit accuses Fidelity of receiving “kickbacks” from Financial Engines and leading retirement plan participants that use its SDBA option to purchase higher-priced investments.

The case is one of many that challenge the status of a health care organizations’ pension plan.

A letter to the IRS notes that it is rare for a DC retirement plan to offer a QLAC option directly.

A Minnesota collision shop is being sued regarding its 114-participant 401(k) plan.

The high court disagreed with the dismissal of certain plaintiffs’ claims for lack of standing.

Those in the retirement plan industry hoping for a slowdown in ERISA-based lawsuits will be disappointed to read of a new complaint against BB&T Corporation.